1 bedroom apartment for sale
Bolanachi Building, Enid Street, SE16 3EX
Share percentage 35%, full price £385,000, £13,475 Min Deposit.
Share percentage 35%, full price £385,000, £13,475 Min Deposit
Monthly Cost: £1,242
Rent £379,
Service charge £194,
Mortgage £669*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
A first floor, one-bedroom apartment in Bermondsey offering a connected and vibrant city lifestyle.
Description
Property Features:
· Communal entrance with atrium and video entry system
· Lift access
· Open plan kitchen and reception
· Kitchen with integrated appliances
· Bathroom with shower over bath
· Hallway storage
· Private west-facing balcony overlooking courtyard
· Communal courtyard
· Communal bike storage
· Off street permit parking
Lease: Commenced 2010 with 125-year term
Council Tax Band: Southwark Council – D
Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.
Please note the rent and service charge is reviewed annually 01 April. Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen. Please note that the Resales Team have not visited this property.
Key Features
Local Area:
· This prime Bermondsey location places you within walking distance of some of London’s most iconic destinations, including London Bridge, Borough Market, Bermondsey Street, Maltby Street Market, and Shad Thames, each offering an array of restaurants, bars, and cultural experiences.
· Bermondsey Underground Station is just a five-minute walk, providing fast Jubilee Line connections to Canary Wharf, Stratford, and central London, as well as excellent bus links to many other areas of the city.
· For those who enjoy exploring local character, the Bermondsey Antiques Market (one of the oldest in the UK) is open every Friday and located just a short stroll away. Southwark Park is around a 15-minute walk and offers extensive recreational facilities, including sports fields, tennis courts, a boating pond in summer, and even its own art gallery.
· The south bank of the River Thames is also close by, perfect for scenic walks or runs, with plenty of historic riverside pubs along the way. Everyday shopping is effortless, with multiple supermarkets within a 3 to 5-minute walk, Surrey Quays Shopping Centre just an 8-minute bus ride away, and Westfield Stratford only 15 minutes by tube.
Particulars
Tenure: Leasehold
Lease Length: 110 years
Council Tax Band: D
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms: 1
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Permit
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Communal lift: Yes
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 35%, full price £385,000, £13,475 Min Deposit. Calculated using a representative rate of 4.42%
